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11 Nov
14:17

Turkish pipe exports slide further amid subdued demand

Turkish pipe producers have further decreased their export quotes amid stagnant demand. Although Turkish hot rolled coil producers are trying to hold their prices high, pipemakers are seen managing to import HRC at competitive prices, which facilitates pipe price reductions. Offers for electric resistance welded (ERW) pipe made from S235 grade HRC, which stood mostly at $915-960/tonne last week, are seen to have decreased to $900-945/t fob Turkey theoretical weig…
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